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Senior associate (money remitters)

Leeds
UK Regulators' Network
€50,000 a year
Posted: 4 May
Offer description

Financial Conduct Authority

Regulating financial services firms and financial markets in the UK, https://www.fca.org.uk/careers


Requirements of the role

We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.

Sitting in the Payments & Digital Assets directorate, the money remitters department oversees firms that provide essential domestic and cross‑border payment remittance services. These firms play a vital role in supporting the UK financial system and consumers who rely on them.


Role Responsibilities

* Develop a solid understanding of money remittance business models, including domestic and cross-border payment flows, agent networks, and reliance on third parties.
* Assess risks to consumers and the integrity of the financial system, including financial crime, safeguarding, and operational risks.
* Lead or contribute to supervisory assessments, firm engagements, and investigations, assessing compliance with relevant regulatory requirements.
* Use evidence and judgement to determine when firms are not meeting expectations and pressuring senior management to make changes, including escalation or regulatory action where necessary.
* Work collaboratively with colleagues across the FCA and with external partners such as HMRC and law enforcement, sharing intelligence and contributing to joint activity.
* Manage multiple cases and pieces of work simultaneously, ensuring timely and high‑quality outcomes in a dynamic environment.
* Assess how firms operate in practice, how their business models work and whether their systems and controls are effective.


Location

London, Edinburgh, Leeds


Contract type

Full time, Permanent


Profession

Financial Services, Policy, Supervision


Working pattern

Flexible working, Hybrid


Closing Date

04/06/2026

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